By Angela Monaghan, Economics Reporter Published: 5:30AM GMT twenty-five February 2010
The murky survey, constructed by the London Chamber of Commerce and Industry (LCCI) and pollsters ComRes, found that 47pc expected a second mercantile dip, whilst 29pc approaching a lapse to postulated mercantile growth.
Of the 184 respondents, 51pc pronounced the supervision could cut the necessity but deleterious Britain"s mercantile prospects, that the LCCI pronounced sent a clever summary that the commercial operation village wants to see spending cuts.
Camping in the UK: Is it nuts in May? Energy gains negate miners heedfulness Petrofac shares have roughly doubled but sojourn a buy Nouriel Roubini warns hazard of double-dip retrogression is rising The highway to UK mercantile liberation will be rough"Businesses in the collateral are fresh themselves for a lapse to retrogression or at the really most appropriate diseased mercantile growth. The supervision needs to take mind and understanding with the UK"s open debt to revive certainty in UK markets and keep businesses free from the weight of higher taxes and toilsome regulation," pronounced Colin Stanbridge, arch senior manager of the LCCI.
However, 35pc of London companies pronounced it would not be probable to cut the necessity but deleterious the economy, whilst 14pc pronounced they were unsure. When asked about their own company"s prospects, 61pc pronounced they were really expected to tarry the retrogression compared with 50pc a year ago.
However a little of the problems remarkable from the early stages of the downturn persisted, with 60pc still struggling with late payments from customers, and 51pc endangered about the monetary security of companies in their supply chain.
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